Money Insider: US Will See Violent Civil Unrest In 2012
Armed, irritated and vocal majority will react to worsening economic decline
Paul Joseph Watson
Thursday, January 19, 2012
Money insider Charles Ortel has warned that a worsening economic picture across the globe will see civil unrest hit the streets of America, not on behalf of leftist OWS types, but by an armed, “irascible and vocal Majority”.
Ortel, a managing partner with Newport Value Partners, LLC in New York City, predicts that a failure of the so-called financial recovery will precipitate “A painful re-calibration of economic strength and geo-political standing during 2012 in the midst of widespread civil insurrection and cross-border war.”
Noting that Americans’ access to firearms will cause such riots to be bloodier than anything seen in Europe, Ortel predicts that a contented and silent Majority will be turned into “an irascible and vocal Majority,” as a result of numerous macro-economic and geo-political threats facing the country, including the collapse of the euro, the bursting of the financial bubble in China, and the looming debt crisis, all of which will contribute to weak economic growth.
“Some will manage to contain their activities to peaceful protests. However, we believe the far more likely scenario is that violence will result, especially in the United States where the wider population has more ready access to weaponry and where mobs have proven impossible to restrain,” Ortel writes.
The crisis will also be exacerbated by a shift in “the governing pole of political discourse,” which will see the usual right-left paradigm replaced by a clash between young and old, with the youth of developed nations increasingly irate at seeing the elderly enjoy the security of retirement benefits while their own economic futures look increasingly bleak.